Here's Why Cass (CASS) is Poised for a Turnaround After Losing -7.51% in 4 Weeks

Core Viewpoint - Cass Information Systems (CASS) has faced significant selling pressure, resulting in a 7.5% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously expected, indicating potential for recovery [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2]. - CASS has an RSI reading of 26.92, suggesting that the heavy selling may be exhausting itself, which could lead to a price rebound as the stock seeks to return to its previous equilibrium [3]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding an increase in earnings estimates for CASS, with a 1.4% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [6]. - CASS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [6].